Friday, October 19, 2012

Reduced State Aid and Decreasing Property Values a Double Whammy for Shawano School District

District officials outline four years of cuts. Staff reductions, retirement contributions among savings. (Shawano Leader, 10/18/2012)

Budget cuts in the past four years includes
  • 27 full-time positions
    • 13.38 teaching positions in last two years
    • Savings:  $918,922
    • 13.5 support staff positions in last two years
    • Savings:  $440,517
  • $2,700,000 in total savings

Last week, district officials found out the property values had decreased a staggering 3.52 percent for this year, which is prompting them to recommend the School Board revise the budget to take more money from the district's fund balance and rescind 2 percent raises planned for staff.

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